FreshPips.com / User / chezka / Voted

Irrational Pesimism

posted by Itz 725 days ago in Technical, Fundamental, Sentiment made popular 725 days ago

The stock market is now clearly headline driven and a lot of the news continues to be negative. Although today's May ISM report was positive, there continues to remain so much noise in the market, high frequency trading and extreme short term out

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Key Says Aussie to Beat Kiwi Dollar on Carry Trade

posted by jasumine 725 days ago in AUD, NZD made popular 725 days ago

New Zealand Prime Minister John Key, the former head of foreign exchange at Merrill Lynch & Co., said the nation’s currency may fail to keep pace with gains in the higher-yielding Australian dollar.

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Canada is first G7 state to hike rates

posted by Binsonu 725 days ago in CAD, Inflation made popular 725 days ago

THE Bank of Canada has become the first G7 central bank to hike interest rates at its monthly meeting.

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Euro Seen Vulnerable Near 4-Year Low vs Dollar

posted by megumi 725 days ago in EUR made popular 725 days ago

The euro was steady against the U.S. dollar above a four-year low on Wednesday but looked increasingly vulnerable to another sell-off amid mounting concern that the euro zone's debt crisis is spreading to its banking system.

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Australian Q1 GDP +0.5% MoM, 2.7% YoY

posted by sora 725 days ago in USD, AUD, GDP made popular 725 days ago

This is pretty much on expectations. The AUD/USD is still trading around .8350 but the market has a ’short feel’ to it and we may be in for some further squeezing.

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US gasoline price falls to three-month low

posted by fahrell 725 days ago in USD made popular 725 days ago

The average price US drivers paid to fill up at the gasoline pump fell to the lowest level in three months, the Energy Department said on Tuesday.

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Stronger Euro Puts Damper on Oil Price

posted by vhinz316 725 days ago in USD, Oil made popular 725 days ago

After trading between $71.64 and $75.33 a barrel, the July oil futures contract price settled at $72.58 Tuesday 58 cents lower than Friday's settlement price.

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Australia, NZ dlrs soft as risk avoided on euro woes

posted by Arnaud 725 days ago in AUD, NZD made popular 725 days ago

The Australian and New Zealand dollars stayed under pressure on Wednesday as persistent nervousness about the impact of euro zone's debt problems weighed on risky investment such as stocks and high yield currencies.

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Gold at new high on Re’s free fall

posted by durkie 725 days ago in Gold made popular 725 days ago

Gold priced in rupee hit a new high, driven by a fall in the local currency, which suffered its worst single-day fall in 18 months as foreign investors pulled out of Indian equities amid fears of a worsening crisis in Europe.

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U.S. Dollar Closes Mostly Higher Boosted by Risk Aversion

posted by Alice 725 days ago in USD made popular 725 days ago

The U.S. Dollar finished the first full session back from the holiday week-end by posting gains against most major currencies. Risk aversion was the theme today as traders punished the Euro and the commodity linked-currencies while seeking shelte

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The Australian dollar gives up gains

posted by cleojosh 725 days ago in AUD made popular 725 days ago

The Australian dollar opened lower today, giving up earlier gains as investors moved away from risk assets on ongoing concerns in the eurozone and fears in the Middle East.

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Euro area unemployment rate at 10.1% EU27 at 9.7%

posted by fxgirlie 725 days ago in EUR, Employment made popular 725 days ago

The euro area (EA16) seasonally-adjusted unemployment rate was 10.1% in April 2010, compared with 10.0% in March. It was 9.2% in April 2009. The EU27 unemployment rate was 9.7% in April 2010, unchanged compared with March. It was 8.7% in April 20

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